ED Consolidated Edison Dashboard

Consolidated Edison, Inc., commonly known as Con Edison or ConEd, is one of the largest investor-owned energy companies in the United States, with approximately $12 billion in annual revenues as of 2017, and over $48 billion in assets. The company provides a wide range of energy-related products and services to its customers through its subsidiaries: In 2015, electric revenues accounted for 70.35% of consolidated sales ; gas revenues 13.61% ; steam revenues 5.01% ; and non-utility revenues of 11.02% .

Company profile

Ticker

Exchange

NYSE

Website

www.conedison.com/

CEO

John McAvoy

Incorporated

New York

Location

New York

Fiscal year end

Dec 31

Sector

Utilities > Other Electric Power Generation

Industry (SIC)

Electric & Other Services Combined

PG&E • Duke Energy • LG&E & KU Energy • Consolidated Edison Co Of New York • San Diego Gas & Electric • Public Service Electric & Gas • Public Service Enterprise • Xcel Energy • CMS Energy • Arizona Public Service ...

SEC CIK

0001047862

Corporate docs

Articles of Incorporation & Bylaws

IRS number

133965100

ED stock data

S&P 500

1M 1Y 2Y 5Y

News

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Morgan Stanley Maintains Underweight on Consolidated Edison, Raises Price Target to $67

19 Mar 21

Morgan Stanley analyst David Arcaro maintains Consolidated Edison (NYSE:ED) with a Underweight and raises the price target from $65 to $67.

Benzinga's Top Ratings Upgrades, Downgrades For February 22, 2021

22 Feb 21

10 Biggest Price Target Changes For Monday

22 Feb 21

KeyBanc boosted Papa John's Int'l, Inc. (NASDAQ: PZZA) price target from $94 to $115. Papa John's shares rose 2% to close at $103.68 on Friday.

Credit Suisse Downgrades Consolidated Edison to Underperform, Lowers Price Target to $65

22 Feb 21

Consolidated Edison: Q4 Earnings Insights

18 Feb 21

Press releases

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Con Edison Declares Common Stock Dividend

15 Apr 21

NEW YORK, April 15, 2021 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) declared a quarterly dividend of 77.5 cents a share on its common stock, payable June 15, 2021 to stockholders of record as of May

Con Edison Earns Honor As Leader In Clean Energy Transition

14 Apr 21

NEW YORK, April 14, 2021 /PRNewswire/ -- Con Edison today was named a leader among U.S. energy companies for its actions to create a clean, carbon-free energy system.

Battery Project Enhances Reliability To Con Edison Customers On City Island

12 Apr 21

NEW YORK, April 12, 2021 /PRNewswire/ -- Con Edison is bringing energy storage technology to City Island in the Bronx to improve reliability.

First-Of-Its-Kind All-Electric Utility Bucket Truck Makes Clean Energy Breakthrough

24 Mar 21

Con Edison & Partners Placing Solar Panels On NYC Housing Authority Developments

22 Mar 21

Calendar

18 Feb 21

17 Apr 21

31 Dec 21

Financial summary

Financial statements Chart ED financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Recent insider trades

ED insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
8 Apr 21	Robert Muccilo	Common Stock	Sell	Dispose S	No	No	75.39	0.161	12.14	8,009.079
31 Mar 21	Mulrow William J	Common Stock	Grant	Aquire A	No	No	74.38	193.264	14.37K	7,332.992
31 Mar 21	Killian John F	Common Stock	Grant	Aquire A	No	No	74.38	487.362	36.25K	29,983.178
31 Mar 21	Ranger Michael W	Common Stock	Grant	Aquire A	No	No	74.38	605.001	45K	65,796.887
31 Mar 21	Stanley Deirdre	Common Stock	Grant	Aquire A	No	No	74.38	386.529	28.75K	12,312.622

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Financial report summary

Management Discussion

(a)Net income for common stock from the Clean Energy Businesses for the year ended December 31, 2020 and 2019 reflects $32 million or $0.10 a share (after-tax) and $74 million or $0.22 a share (after-tax) of income attributable to the non-controlling interest of a tax equity investor in renewable electric production projects accounted for under the HLBV method of accounting. See Note R to the financial statements in Item 8. Net income for common stock from the Clean Energy Businesses also includes $(43) million or $(0.13) a share, $(21) million or $(0.07) a share and $(6) million or $(0.02) a share of net after-tax mark-to-market losses in 2020, 2019 and 2018, respectively.
(b)In December 2018, the Clean Energy Businesses acquired Sempra Solar Holdings, LLC. Upon completion of the acquisition, the Clean Energy Businesses recognized an after-tax gain of $89 million or $0.28 per share with respect to jointly-owned renewable energy production projects. See Note V to the financial statements in Item 8.
(c)Net income for common stock from Con Edison Transmission for the year ended December 31, 2020 includes $(232) million or $(0.69) a share of net after-tax impairment loss related to its investment in Mountain Valley Pipeline, LLC. See "Application of Critical Accounting Policies - Investments" in Item 7 and “Investments” in Note A to the financial statements in Item 8.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

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From filing 10-K 2020 FY